Bank of England explores ways to loosen ringfencing rules for UK banks

Apple's manufacturing partner Foxconn has shifted its focus to India, exporting 97% of its iPhone shipments to the US amid Trump's trade war with China, with shipments surpassing $4.4 billion in early 2025. Despite Trump's threats of 25% tariffs on Indian-made iPhones, Apple continues to expand its Indian operations, with expectations that Indian production will account for 25-30% of global shipments by 2025. More Context

Democratic Senator Alex Padilla was forcibly removed and handcuffed during a press conference by Homeland Security Secretary Kristi Noem in Los Angeles, prompting widespread condemnation from both Democrats and some Republicans. Padilla attempted to ask questions regarding immigration enforcement amid ongoing protests, leading to accusations of "disrespectful political theatre" from the Trump administration, while he argued that such actions against a senator highlight broader issues of authority and dissent. More Context

Buddhas Hands Wellness, a massage salon in Paignton, Devon, has been closed by police due to alleged ties to prostitution, pending a court hearing on June 18. The police indicated that the closure is necessary to prevent further exploitation, with the establishment's website promoting specialized Chinese massage therapy services. More Context

Amidst a growing population of great white sharks in the North Atlantic, Cape Cod has implemented technology to warn beachgoers of nearby tagged sharks, while Nova Scotia lacks such protections despite its proximity. While some experts advocate for similar warning systems in Canada, others argue that the risk is lower due to fewer seal populations attracting sharks near beaches. More Context

Israel launched a significant operation named “Rising Lion” against Iran, targeting its nuclear program and resulting in the deaths of key figures, including Major General Hossein Salami and senior nuclear scientists. The Israeli army confirmed extensive strikes on Iranian military and nuclear sites, declaring a pre-emptive response to ongoing threats from Iran, with Prime Minister Netanyahu stating that such actions will continue if necessary. More Context

Early this morning, Israel launched unprecedented strikes on Iran, resulting in civilian casualties and escalating tensions in the already volatile region, as Israeli Prime Minister Netanyahu framed Iran as the aggressor. The U.S. has distanced itself from the attacks, despite Trump's prior remarks about potential strikes, raising concerns over American foreign policy priorities and its alignment with Israel's objectives. More Context